Mattel announced it’s working on a new live-action movie with “Wicked” director Jon M. Chu that will be all about Hot Wheels.

"Jon's ability to craft rich, elaborate worlds with a distinct point of view makes him the ideal storyteller to bring Hot Wheels to life," Brenner said. "His films are visual spectacles - true eye candy - but what sets them apart is how he weaves unforgettable narratives within those stunning frames."

The "Wicked" director says he aims to "create an adventure that honors Hot Wheels’ legacy while driving it somewhere entirely new.”